Day 8 of tracking $BTC spot liquidity depth across major exchanges. Measuring resting orders within 1% of mid-price on the largest spot pair per exchange, 5 snapshots today:
Binance: $38.2M
Coinbase: $34.3M
Kraken: $31.8M
OKX: $20.6M
Binance dominated all 5 snapshots today and held the deepest book on 7 out of 8 days since Sep 28. Clear winner in providing tight liquidity for $BTC spot trading. 🔶
Binance: $38.2M
Coinbase: $34.3M
Kraken: $31.8M
OKX: $20.6M
Binance dominated all 5 snapshots today and held the deepest book on 7 out of 8 days since Sep 28. Clear winner in providing tight liquidity for $BTC spot trading. 🔶